6 reasons PRS is good for you
6 reasons PRS is good for you
Contributing in PRS may be one of the best things you can do for your retirement. Here’s why:
Designed for retirement
PRS was established with the main aim of helping you accumulate more savings for your retirement.
Affordable savings
You could save more with PRS by contributing a minimum of 10% monthly salary to grow your retirement savings.
Easy investments
Choice of Providers and self-selected funds or default option funds based on your age.
Tax Incentive
Enjoy personal tax relief of up to RM3,000 per year. Employers may also enjoy up to 7% above the statutory rates for tax relief on contributions to PRS made on behalf of employees. *
*Terms apply.
PRS Central Administrator
PPA provides a one-stop account management and on-going member services to serve and protect your interests.
Regulated framework
PRS is regulated by the Securities Commission Malaysia and the schemes are safeguarded by the Scheme Trustees.
PRS and You